THE PRESIDENT: I'm George W. Bush, President of the United States.
(Laughter.) Thank you all for joining us. Ambassador, thanks for
setting this up. It's important for the President to hear thoughts,
hopes, dreams, aspirations, concerns from folks that are out making a
living. And I really appreciate you taking time out of your day to come
and visit with me. I'm looking forward to hearing your thoughts.

One thing that's for certain: The United States benefits when
people come to my country. And one of my concerns was after September
the 11th that our visa policy, particularly for Saudis, was tightened to
the point where we missed opportunity to show young and old alike what
our country is really about. I love the fact that some of you were
educated in America. I think you'll find you got a good education
there, but more importantly, Americans get to see you, and you get to
see them. And the best way to achieve better understanding in the world
is for folks just to get together, and get to understand that we share
the same God, and we share the same aspirations for children and for our
futures.

And so this is an important visit for me. I'm thrilled to be in
the Kingdom. I have -- I've got very close relations with His Majesty.
We had a good visit last night on a variety of subjects. We talked
about Palestinian peace; we talked about the security issues of the
region. I talked to the Ambassador, and will again talk to His Majesty
tonight about the fact that oil prices are very high, which is tough on
our economy, and that I would hope, as OPEC considers different
production levels, that they understand that if their -- one of their
biggest consumers' economy suffers, it will mean less purchases, less
oil and gas sold.

And so we've got a lot of things to talk about, but I want to
assure you it's from the spirit of friendship. And the hospitality last
night was warm, and the conversation was excellent -- just like this one
is going to be.